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Court annuls decision in favour of Dore and Wynn Macau in VIP player debt case (Macau Business)

There’s Reason to be Skeptical of Macao’s Gambling Market (The Motley Fool)

Wynn Resorts Unveils Plans for $2 Billion Art Museum in Macau (Bloomberg)

DICJ warns junket operators to not promote online gambling through casinos in Macau (Macau Business)

I ran a bookies for 12 years – they deserve no sympathy for these store closures (The Guardian)

Beijing Imperial Palace Hotel applies for redevelopment (Macau Business)

William Hill plans 700 store closures putting 4,500 jobs at risk (BBC News)

More…

At a Glance…

MACAU:
Offshore gambling allegations
Suncity Group has denied allegations, circulated in Chinese media, that the company has been supporting online gambling businesses – Suncity says it will not hesitate to seek legal action to protect its reputation

U.K.:
Casino 36 fined
Wolverhampton’s Casino 36 has been fined £300,000 by the Gambling Commission for failures in AML and social responsibility – personal management license holders also must undertake extra training

U.K.:
Numbers of employees, bingos, betting shops and arcades all decline
Gambling Commission figures show a 0.4 decline in total gross gambling yield in the 12 months to September 2018 versus the 12-month period ended March 2018

AUSTRALIA:
Melco buys Crown Resorts shares
Melco Entertainment has acquired a 19.99% stake in Crown Resorts, sealing a $1.2-billion deal but it could take up to one year to finalise probity checks and receive regulatory approval

U.S.A.:
NY lottery passes $10 billion in sales
The New York Lottery has become the first US state lottery to generate more than $10 billion in combined annual sales of lottery and video lottery products

NEW ZEALAND:
Racing betting levy repealed
The government plans to phase out the current racing betting levy over the next three years – it is hoped this will help revitalise the racing industry and provide funds for investment

U.S.A.:
Montana, Colorado and Indiana approve sports betting
Montana Governor Steve Bullock has approved legislation authorising the state lottery to offer sports betting and in Colorado Senators voted 27-8 in favour of legalised sports betting, with the bill now submitted to Governor Jared Polis for approval – in Indiana Governor Eric Holcomb has signed legislation authorising the activity

SWEDEN:
William Hill opens online site
London-listed operator William Hill has launched its new online betting and gaming site in Sweden, the company’s first new locally licensed offering since 2011